
# Discovery Starts Here At Fjord Foundry Fjord Foundry is a community-focused platform that specializes in connecting innovative projects with engaged backers. Over two and a half years after we hosted the first LBP, the $FJO token is finally here. To date, Fjord Foundry has bootstrapped over $920mm for projects, generating over $25mm in revenue, supporting over 600 project communities with a colossal $1.4b in volume, 88k unique wallets and over 231k swaps. All without any token incentives. ## About the $FJO Token We believe strongly in free and open access to new ideas, and as such will never gate access for projects launching on Fjord with the token. Instead, token holders will participate in the success of the platform through fee generation. Since the launch of Fjord V2 in late December 2023, the platform has already generated over $9,000,000 in revenues (see Dune Dashboard at the bottom). Expressed as a yearly revenue opportunity, this already represents $30,000,000 in value towards the token, without assuming any revenue growth. Fjord will use at least 90% of its profits generated from all products to repurchase $FJO from the open market via TWAP orders. Initially these tokens will be burned, deflating supply over time. When staking goes live, the buyback and burn mechanism will split into buybacks that will be allocated towards both burns and staking rewards, allowing stakers to accrue additional protocol ownership over time. ## What's to Come Key features of our roadmap include the following: - Staking FJO: stakers will be privy to receiving a portion of rebought FJO tokens from platform revenues, as well as potentially project token airdrops - Chain Expansions: Fjord will expand its reach everywhere. The shortlist includes Solana, Berachain, Mantle, zkSync, Sei V2, X1, Taiko, Zeta, Manta, Fantom and Monad - Zero-collateral LBPs: Allowing teams to bootstrap liquidity without requiring upfront capital - New launch types: Fixed-price LBPs & Tranched LBPs - Additional tools for LBPs: includes ability to add redemption delays, hard raise caps, minimum raise thresholds and automatic post-LBP liquidity deployment We're excited for the Fjord community to participate in this new phase of our journey. **Discovery starts here!** ## Additional Resources - Website: [https://fjordfoundry.com](https://fjordfoundry.com) - Twitter: [https://twitter.com/FjordFoundry](https://twitter.com/FjordFoundry) - Discord: [https://discord.gg/fjord](https://discord.gg/fjord) - Medium: [https://medium.com/@fjordfoundry](https://medium.com/@fjordfoundry) - Dune Data: [https://dune.com/gooddata_badguy/fjord-foundry-overview](https://dune.com/gooddata_badguy/fjord-foundry-overview)







